Not the PP, but your post was a tad bitchy, don't you think? "Clearly their marketing wasn't stellar" is the reason you haven't heard of it? Anyone who rides on the east coast, regardless of age, has heard of it. I'm almost 50 and know of it. |
Yup. My daughter, who had the difficult epiphany that I am not Michael Bloomberg, was temporarily set on Sweet Briar during her college search, which for a brief time this year was solely focused on places to further her riding education. I am happy to report it took a more practical turn without any tears. University of CT was on her list too. We have no horse, nor money for a horse and it to go to college too. |
What year was this? |
Honestly, no comparison here. Radcliffe was across the street from Harvard. Radcliffe had no independent authority (under its Mass. state charter) to award earned degrees independently of Harvard -- it had been largely academically integrated since the 30s, and completely academically integrated since the late 60s. Radcliffe still exists as a Harvard-affiliated non-profit research and academic projects entity and a provider of financial aid to female Harvard students. Sweet Briar has no potential adopter. Sweet Briar's endowment is not petty, but applied to the IRS 5% private foundation minimum floor (which isn't applicable, but it's an example), the endowment wouldn't produce $10,000 per student per year. Between remoteness, size, single-sex, and cash-dependency, Sweet Briar faced a very difficult situation. Not at all comparable to Radcliffe. |
What a sad story. I am not from Virginia, but I find it sad whenever unique places like this are lost. It was clearly a great school. This is not just a loss for the women there, but for everyone who values diversity in education. |
Until this guy, all but one of their presidents were women. I'm guessing the board brought this guy in to help them close up shop. |
Oh, so because they disagree with you they are "bigots." How fascinating. |
What I don't get is how with only 12 million in debt and an 84 million dollar endowment they can't keep the school going. Very sad. |
A conservative 5% throw-off would be roughly 3,600,000. If the $12M in debt were bonded out at a tax-free, secured debt rate of 2.75% for a 30 year liquidating term, that's 600K. That leaves $3M per year of endowment income. That doesn't pay for the utilities and the English department. They were positively squeezed. |
Maybe they could give the campus to Virginia Tech? Use it for something. |
This is sad, but after looking at their materials, t seemed like a school from another era. . I thought their mascot was cute, but she (I guess?)wears a pink bow. Their marketing seemed off and outdated. The school's pictures revealed how white the student body was. Contrast that to Hollins which has updated its brand and tries to show a diverse student body. Also, it was probably difficult for the school to compete with VA's public university system. |
I'm wondering the same thing. If at all recent, all I can say is, "hmm... no wonder." Most women don't want to be treated this way anymore. But perhaps this was in the 60's or something. |
Yeah, Hollins and Mary Baldwin updated their images. But I can't believe Sweetbriar couldn't stay open by just marketing to the super-rich of the DC area and doing what ever it took to get them in.
One of my DH former coworkers teaches there--he reached out to her tonight and found out that the faculty, students, and staff were only told 1 hour before this whole deal was announced to the public. Most of their website has been taken down, so he could not even confirm she still worked there before he emailed her. She already replied and she is basically in shock. Had no idea. Call me jaded, but something is totally fishy about this thing...no one wanted anyone from the press speaking to current faculty and staff. |
I had always heard that it wasn't a "real" school, and am surprised to hear it was even accredited. |
This is the tip of the iceberg. In 20 years time, many schools will be shutting down. |